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China Mining International Faces Legal Proceedings Over Loan Agreement

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China Mining International Faces Legal Proceedings Over Loan Agreement

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An update from China Mining International Ltd. ( (SG:BHD) ) is now available.

China Mining International Ltd. has announced that its subsidiary, Henan Zhongnong Huasheng Agricultural Science and Technology Co., Ltd., is involved in a legal proceeding related to a loan agreement with Zhengzhou Agricultural Financing Guarantee Co., Ltd. The subsidiary has received a court summons and a property declaration notice from the Zhongyuan District People’s Court in Zhengzhou. The company is actively engaging in discussions to negotiate solutions and will update stakeholders on any significant developments.

More about China Mining International Ltd.

China Mining International Ltd. is a company incorporated in the Cayman Islands, operating primarily in the mining industry. It is involved in various mining activities and has a focus on agricultural science and technology through its subsidiary, Henan Zhongnong Huasheng Agricultural Science and Technology Co., Ltd.

Average Trading Volume: 1,247,855

Technical Sentiment Signal: Buy

Current Market Cap: S$14.28M

See more data about BHD stock on TipRanks’ Stock Analysis page.

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